Org.nr 923 624 279 2020 → 2021 Year-over-year analysis

ABEL MEYERS GATE 30 AS: årsregnskap 2021 vs 2020

Weaker earnings, fresh owner capital

approved 2022-06-17; registry 2022-07-18; journal 2022 661320

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABEL MEYERS GATE 30 AS. Revenue 238.9k NOK → 236.4k NOK (-1.0%). Net result -262.9k NOK → -1.03m NOK. Equity 1.61m NOK → 1.55m NOK.

On the constructive side: cash rose; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
238.9k NOK 236.4k NOK
-1.0%
Operating result
-303.0k NOK -1.17m NOK
-285.9%
Net result
-262.9k NOK -1.03m NOK
-291.0%
Equity
1.61m NOK 1.55m NOK
-4.1%
Cash
62.8k NOK 322.3k NOK
+413.0%
Total assets
5.93m NOK 9.56m NOK
+61.1%

What improved

  • ↑

    Cash rose

    Bank deposits 62.8k NOK → 322.3k NOK (+413.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.02× → 1.13×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.88m NOK → 2.84m NOK (+961.7k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 238.9k NOK to 236.4k NOK (-1.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -303.0k NOK → -1.17m NOK (op. margin -126.8% → -494.6%). Calculated

  • ↓

    Net result weakened

    Net result -262.9k NOK → -1.03m NOK (net margin -110.0% → -434.7%). Calculated

  • ↓

    Equity eroded

    Book equity 1.61m NOK → 1.55m NOK (equity ratio 27.2% → 16.2%). Calculated